The best and most correct answer among the choices provided by your question is the third choice or letter C.
The law of increasing costs means that as production shifts from one item to another, more and more resources are necessary to increase production of the second item.<span> </span>
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Answer:
Option C Smith and Sons
Explanation:
The reason is that the person who lends the money is a lender or creditor, whereas the person who borrows money from the creditor is a debtor or a borrower. In this case, William borrowed money so he is the debtor and the person who lend money to William are Smith and Sons, so Smith & Sons are the creditor in this case.
Answer:
C) People aged 65 and older will soon outnumber children under age 5 for the first time in history
Explanation:
The world population refers to a number of populations in a word. it shows the approximation number of population in the world. It could be in millions, billions, etc
In terms of aging as we can see that the people who are aging of 65 or older would be soon more numerous than the children who comes under the age of 5 for the first time in history
Hence, the correct option is C.
Answer:
The two methods or systems for determining the amount of merchandise inventory are:
the perpetual inventory system and periodic inventory system.
Explanation:
The perpetual inventory system requires that separate accounts be kept for Inventory and Cost of Goods Sold to enable a continuous or perpetual update of inventory transactions. This is unlike the periodic inventory system, where the update of inventory transactions are done periodically, and only the Inventory Purchase account is maintained for inventory transactions, with the Inventory balances and Cost of Goods Sold determined periodically.
